Petronas Go Ahead Decision With Canada LNG Project

Petronas Go Ahead Decision With Canada LNG Project

The Malaysian State Oil Company, Petronas, with its affiliated led group of companies has elected to proceed with the C$36 billion ($29 billion) natural gas shipping project on Canada’s Pacific Coast with conditions, marking the first investment decision in the recently formed industry.

This move is deem as selfish and uncaring by public sentiments, as they strongly oppose the proposed LNG Terminal, due to the potential destruction it may cause to the salmon habitat near the terminal, as well as the facility’s location on a culturally significant island as highlighted by Stan Dennis, the deputy mayor.